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Greater Worcester’s unemployment rate rose slightly from 3.4% to 3.5% from April to May, as most other metropolitan areas reported gains in overall employment.
According to the Massachusetts Executive Office of Labor and Workforce Development, the total employment for the Worcester metropolitan area increased by 3,000, to bring the total number of employed people in the area to 286,000. However, the total labor force also increased at a larger rate, thus bringing the unemployment rate slightly higher.
All other metropolitan statistical areas in the state reported either decreased unemployment rates in May, or the same rate as in the previous month. This includes the other major Central Massachusetts market, the Leominster-Gardner metropolitan area, whose unemployment rate remained the same at 4%.
The Barnstable area reported the largest increase in employment, with its unemployment rate dropping by 0.2 percentage points and its total number of people employed increasing by 3%, as the summer season gets underway in the Cape Cod area.
For the Boston-Cambridge-Nashua statistical area, the unemployment rate remained the same at 3%.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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